Zoned Residential Development
For Sale
$8,000,000
123 Northeast 79th Street, Miami, FL 33138
Residentially zoned parcel approved for 155 units, with eligibility for SB102-Live Local density incentives.
Property Size36,514 SF
Price / SF$219.09
Days on Market240
Property Features for 123 Northeast 79th Street
General Information
Standard status
Active
Size
36,514 SF
Property subtype
Land & Docks / Unimproved Land
Zoning
T6-8-O
Additional Details
Multifamily Units
155
Amenities
No
Listing Agency:
Gridline Properties
(786) 325-5647
Listed By:
Alfredo Riascos · License #3210686
(786) 325-5647
Source:
Compass
Added: Dec 15, 2025
Changed: Aug 8
Last Checked: Jul 20 at 7:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gridline Properties
Investment Insights
Based on property information with market context.
This for-sale development parcel is positioned for residential redevelopment and totals 45,114 square feet. The property is zoned T6-8-O and supports development of 155 residential units as of right.
The site is eligible for SB102-Live Local, which may allow for increased density. Located at 123 Northeast 79th Street in Miami’s Little River area, it is described as being close to the Biscayne Boulevard Corridor and Miami Beach, with convenient access to major thoroughfares and nearby growing districts including Edgewater, Midtown, and the Design District.
The site is eligible for SB102-Live Local, which may allow for increased density. Located at 123 Northeast 79th Street in Miami’s Little River area, it is described as being close to the Biscayne Boulevard Corridor and Miami Beach, with convenient access to major thoroughfares and nearby growing districts including Edgewater, Midtown, and the Design District.
Key Highlights
- 45,114 SF development site on NE 79th Street in Miami’s Uptown Little River corridor
- Zoned T6‑8‑O with right‑to‑develop approval for 155 residential units
- SB102‑Live Local eligibility for increased density incentives
Property Analytics
Current Use
Lease Details
155
Residential units
Location Intelligence
Trade Area within ½ mile
2,744
Businesses Nearby
Explore this area
Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residentially zoned parcel approved for 155 units, with eligibility for SB102-Live Local density incentives.
Where is this residential land & home lot located?
The property is located at 123 Northeast 79th Street Miami, FL.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: 45,114 SF development site on NE 79th Street in Miami’s Uptown Little River corridor; Zoned T6‑8‑O with right‑to‑develop approval for 155 residential units; SB102‑Live Local eligibility for increased density incentives
